07.01.21
Orlando, FL
www.tupperwarebrands.com
Sales: $233 million
Key personnel
Miguel Fernandez, president and chief executive officer; Sandra Harris, chief financial officer and chief operating officer
Major products
Beauty and personal care products sold under Fuller, NaturCare, Nutrimetics and Nuvo brands
Comments: Tupperware wants out of the makeup and skin care business and has been working to shed its non-core assets. One business, Avroy Shlain, which Tupperware Brands Corporation purchased in 2005, was sold to private equity firm Trinitas Equity Partners in March.
In November 2020, Tupperware Brands announced a partnership with TerraCycle’s circular reuse platform Loop. Through the alliance, Loop says consumers across the US will one day be able to products from leading consumer brands and retailers packaged in reusable Tupperware packaging.
This partnership is intended to launch in 2021, initially offering to consumers across the United States the ability to purchase products from leading consumer brands and retailers packaged in durable, reusable Tupperware products. Aligned in the collective mission to reduce waste through a circular recycling system, the collaboration will provide a new packaging offering for Loop while advancing Tupperware’s No Time to Waste initiative to significantly reduce single-use plastic and food waste by 2025.
Tupperware is the first reusable plastic container brand partner for Loop, adding to the platform’s catalog of reusable glass and metal containers. Due to the strength, resilience and weight characteristics of reusable plastic solutions and Tupperware’s experience and knowledge in engineered resin and sustainable plastics technology, Loop’s brand partners will have the opportunity to access enhanced options to package, store and ship products to US consumers through a collaboration with Tupperware.
“From our start nearly 75 years ago, Tupperware has been the leader in reusable, environmentally friendly and long lasting products in homes around the world,” said Patricio Cuesta, president of commercial worldwide at Tupperware Brands. “By teaming up with Loop, we are excited to use our knowledge in product design and reusability to contribute to the circular recycling model. This partnership also allows us to learn more on how to address single-use plastic in the packaging of our own products to make it more sustainable for the future. We look forward to teaming up with other brands to collectively work to nurture a better future for our planet and communities by finding solutions to reduce waste across consumer touchpoints.”
Loop is a global reuse platform that partners with brands and retailers with the objective of shifting from a disposable to a durable supply chain.
www.tupperwarebrands.com
Sales: $233 million
Key personnel
Miguel Fernandez, president and chief executive officer; Sandra Harris, chief financial officer and chief operating officer
Major products
Beauty and personal care products sold under Fuller, NaturCare, Nutrimetics and Nuvo brands
Comments: Tupperware wants out of the makeup and skin care business and has been working to shed its non-core assets. One business, Avroy Shlain, which Tupperware Brands Corporation purchased in 2005, was sold to private equity firm Trinitas Equity Partners in March.
In November 2020, Tupperware Brands announced a partnership with TerraCycle’s circular reuse platform Loop. Through the alliance, Loop says consumers across the US will one day be able to products from leading consumer brands and retailers packaged in reusable Tupperware packaging.
This partnership is intended to launch in 2021, initially offering to consumers across the United States the ability to purchase products from leading consumer brands and retailers packaged in durable, reusable Tupperware products. Aligned in the collective mission to reduce waste through a circular recycling system, the collaboration will provide a new packaging offering for Loop while advancing Tupperware’s No Time to Waste initiative to significantly reduce single-use plastic and food waste by 2025.
Tupperware is the first reusable plastic container brand partner for Loop, adding to the platform’s catalog of reusable glass and metal containers. Due to the strength, resilience and weight characteristics of reusable plastic solutions and Tupperware’s experience and knowledge in engineered resin and sustainable plastics technology, Loop’s brand partners will have the opportunity to access enhanced options to package, store and ship products to US consumers through a collaboration with Tupperware.
“From our start nearly 75 years ago, Tupperware has been the leader in reusable, environmentally friendly and long lasting products in homes around the world,” said Patricio Cuesta, president of commercial worldwide at Tupperware Brands. “By teaming up with Loop, we are excited to use our knowledge in product design and reusability to contribute to the circular recycling model. This partnership also allows us to learn more on how to address single-use plastic in the packaging of our own products to make it more sustainable for the future. We look forward to teaming up with other brands to collectively work to nurture a better future for our planet and communities by finding solutions to reduce waste across consumer touchpoints.”
Loop is a global reuse platform that partners with brands and retailers with the objective of shifting from a disposable to a durable supply chain.